Chinese companies

China Embraces Russia, Remains Noncommittal Over Mediator Role

China’s friendship with Ukraine is “rock solid,” Chinese Foreign Minister Wang Yi told reporters during an annual Two Sessions press conference. “No matter how perilous the international landscape, we will maintain our strategic...

Is Xinjiang Inspiring Modi’s Crackdown in Indian Kashmir?

The ongoing crackdown by the Xi administration in the Xinjiang region has been described as an effort to “re-engineer” the Uyghur identity and as a form of “cultural genocide.” Officially launched in 2014, the steadily...

Whirlpool, Hisense Announce Joint Venture in China

From AFP: US home appliance maker Whirlpool Corporation and Chinese conglomerate Hisense have formed a joint venture to serve the vast consumer market in China, the companies announced Monday. The 50-50 joint venture was formed...

No Retirement Age for Asia’s Billionaires – Bruce Einhorn

“Elderly dynamos” who retain power in their companies – even after they’ve hit their 80s or 90s – are at the center of this article from Business Week: In his eight decades in the media business, Sir Run Run Shaw has built the Chinese-speaking world’s most successful film and TV empire. He was co-founder of […]

Chinese firms ‘Go Global’ to seek openings, grow business – Shanghai Daily

From Shanghai Daily via China Economic Net: Chinese firms, including Wenzhou-based cigarette lighter producers, the biggest telecom operators and domestic oil giants, are talking about”Go Global,” which means to expand business and seek opportunities in the international market. The key questions facing these Chinese firms are how to expand globally and how to prevent unexpected […]

Hang Seng Index revision to lift China profile – Chris Oliver

From MarketWatch: Hong Kong’s benchmark Hang Seng Index will adopt a new weighting methodology and expand the number of constituent shares to 38 from 33, in the biggest overhaul of the index in its 37-year history. Spokesmen for compiler HSI Services Ltd said Friday they will cap individual constituent weightings at 15% using a free-float-adjusted […]

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